Forex Technical Analytics

Daily Forex Technicals | Written by FOREX Ltd | Nov 20 08 08:30 GMT |

CHF The pre-planned breakout variant for buyers was realized but with damage to several points in attainment of minimal assumed target. OsMA trend indicator, having marked as a result of the previous trading day the displayed bullish party advantage gives reasons for the preservation of the corresponding planning priorities for today as well. Hence and considering the descending direction of indicator chart we assume the possibility of rate return to close 1.2080/1.2100 supports, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term buying positions on condition of formation of topping signals the targets will be 1.2140/60, 1.2180/1.2200 and/or further breakout variant up to 1.2240/60, 1.2300/20, 1.2380/1.2400. An alternative for sells will be below 1.1980 with targets 1.1920/40, 1.1860/80, 1.1800/20. GBP The pre-planned breakout variant for buyers was realized with attainment of basic assumed targets. OsMA trend indicator, having marked activity parity preservation of both parties within Ichimoku cloud does not give definiteness for the choice of planning priorities for today. Nevertheless considering the tendency of bearish activity strengthening as well as the ascending direction of indicator chart we assume the possibility of rate return to Senkou Span boundary at 1.5080/1.5120, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.5000/20, 1.4920/40, 1.4800/40 and/or further breakout variant up to 1.4730/50, 1.4660/80, 1.4580/1.4600. An alternative for buyers will be above 1.5300 with targets 1.5380/1.5400, 1.5490/1.5520, 1.5620/40, 1.5780/1.5800. JPY The pre-planned breakout variant for sells was realized with attainment of minimal assumed target. OsMA trend indicator, having marked relative bearish activity rise at the break of key supports gives reasons for the sells planning priorities for today. Hence and considering the signs of pair oversold we assume the possibility of rate return to 96.00/20 range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 95.20/40, 94.40/60 and/or further breakout variant up to 93.80/94.00, 93.00/20, 92.40/60 and up to 91.00/20. An alternative for buyers will be above 96.80 with targets 97.40/60, 98.00/20, 98.80/99.00. EUR The pre-planned breakout variant for buyers was realized with overlap of minimal assumed target. OsMA trend indicator, having marked as a result of the previous trading day high bearish activity level considering the chosen strategy gives reasons for sells planning priority for today. Hence and taking into account the ascending direction of indicator chart we assume the possibility of rate return to close 1.2560/80 resistance range, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.2500/20, 1.2460/80, 1.2380/1.2400 and/or further breakout variant up to 1.2320/40, 1.2260/80. An alternative for buyers will be above 1.2660 with targets 1.2700/20, 1.2780/1.2800, and 1.2860/80. FOREX Ltd www.forexltd.co.uk